U.S. jobless claims fall to lowest level in four weeks

Initial jobless claims fell by 4,000 to 228,000 in the week ending August 26, the lowest level since July 29, contrary to economists' estimated rise, indicating a positive trend in the labor market.

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8/29/2023

U.S. labor market loses steam as job openings, resignations decline

US job openings fell to the lowest level in nearly 2.5 years in July, indicating a gradual slowdown in the labor market and increasing expectations that the Federal Reserve will not raise interest rates next month.

8/30/2023

Private sector job growth cools sharply in August to 177,000, worse than expected: ADP

U.S. hiring in August fell below expectations, signaling a cooling labor market due to higher interest rates, with companies adding 177,000 jobs compared to the predicted 195,000 gain, marking the worst month for job creation since March.

8/31/2023

US applications for jobless claims inch back down as companies hold on to their employees

The number of Americans applying for jobless benefits fell slightly last week as companies held on to employees in an economy that has withstood rising interest rates, with job openings remaining robust and unemployment benefits being collected by about 1.73 million people.

9/7/2023

US jobless claims hit lowest level since February; productivity strongest in years

The number of Americans filing for jobless benefits unexpectedly dropped to the lowest level since February, indicating a relatively tight job market despite recent signs of softening.

9/14/2023

Jobless Claims Remain Near Historic Lows Despite Small Rise in Weekly Filings

Initial jobless claims for state unemployment benefits rose by 3,000 to 220,000 in the latest week, but the four-week moving average fell to its lowest level since February, indicating that while the pace of hiring may be softening, there are very few layoffs.

9/21/2023

Jobless Claims Hit 8-Month Low as Labor Market Stays Tight, But Housing Market Slows With Rising Rates

Weekly jobless claims in the US have fallen to an eight-month low, indicating a tight labor market despite a slowdown in job growth.